“Marc Dreier, the New York lawyer accused of cheating hedge funds, said he promised to give his son Hamptons properties worth $12.5 million after the young man agreed to spend the summer with him, prosecutors said.” [Bloomberg]
Most job gains were in the leisure and hospitality sector, which includes restaurants
Hiring accelerated sharply in February as restaurants and other hospitality businesses reopened, adding 379,000 to U.S. payrolls and fueling renewed growth as the coronavirus pandemic eases.
U.S. employers added jobs for the second straight month in February, the Labor Department said Friday, in what marks a sharp pickup from earlier this winter.
The unemployment rate, determined by a separate survey, ticked down to 6.2% last month. The jobless rate is well down from a 14.8% peak in April 2020, but remains above pre-pandemic levels, when unemployment was near 50-year lows.
According to Quinnipiac, Cuomo’s position post-scandal is not disastrous
If only someone had told them that sort of thing was frowned upon
Maybe Chao’s resignation on January 7 wasn’t about the Capitol riot?
While serving as transportation secretary during the Trump administration, Elaine Chao repeatedly used her office staff to help family members who run a shipping business with extensive ties to China, a report released Wednesday by the Transportation Department’s inspector general concluded.
The inspector general referred the matter to the Justice Department in December for possible criminal investigation. But in the weeks before the end of Trump administration, two Justice Department divisions declined to do so.
Ms. Chao, the wife of Senator Mitch McConnell of Kentucky, the Republican leader, announced her resignation on Jan. 7, the day after the Capitol riot. At the time of her departure, an aide to Ms. Chao said her resignation was unrelated to the inspector general’s investigation.
… The investigators did not make a formal finding that Ms. Chao violated ethics rules. But they detailed more than a dozen instances where her office took steps to handle matters related to her father, who built up a New York-based shipping company after immigrating to the United States from Taiwan in the late 1950s, and to her sister, who runs the company now.
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